Manila Bulletin Publishing Balance Sheet Health
Financial Health criteria checks 4/6
Manila Bulletin Publishing has a total shareholder equity of ₱5.8B and total debt of ₱1.4B, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are ₱8.3B and ₱2.5B respectively. Manila Bulletin Publishing's EBIT is ₱141.7M making its interest coverage ratio 1.5. It has cash and short-term investments of ₱17.4M.
Key information
24.5%
Debt to equity ratio
₱1.42b
Debt
Interest coverage ratio | 1.5x |
Cash | ₱17.37m |
Equity | ₱5.80b |
Total liabilities | ₱2.46b |
Total assets | ₱8.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MB's short term assets (₱2.6B) exceed its short term liabilities (₱823.3M).
Long Term Liabilities: MB's short term assets (₱2.6B) exceed its long term liabilities (₱1.6B).
Debt to Equity History and Analysis
Debt Level: MB's net debt to equity ratio (24.2%) is considered satisfactory.
Reducing Debt: MB's debt to equity ratio has reduced from 38.6% to 24.5% over the past 5 years.
Debt Coverage: MB's debt is not well covered by operating cash flow (5%).
Interest Coverage: MB's interest payments on its debt are not well covered by EBIT (1.5x coverage).